C000263092 Fees and Costs — Simplify VettaFi Private Credit Strategy ETF
Data updated: 2026-09-11
The net expense ratio is 0.76%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $125 in broker commissions, 0.0053% of average net assets.
C000263092 Fees and Expenses
Annual operating expenses and sales charges of C000263092. Prospectus, as of September 11, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.76% |
| Fee waiver | — |
| Net expense ratio | 0.76% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000263092 Costs Over Time
On $10,000 invested in C000263092, assuming 5% a year before costs, total costs come to $481 over 5 years, cutting the return by 0.80% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.76%) | $80 | $250 | $434 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $264 | $481 |
| Value after costs | $10,420 | $11,312 | $12,282 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
C000263092 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0053%
- Total broker commissions: $125
- Bought from dealers (principal trades, not a cost): $14.8M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
C000263092 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $75 | 60.00% |
| JANE STREET EXECUTION SERVICES, LLC | $50 | 40.00% |
C000263092 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NOMURA SECURITIES INTERNATIONAL, INC. | $5.6M | 37.67% |
| MORGAN STANLEY & CO. LLC | $4.8M | 32.33% |
| BARCLAYS CAPITAL, INC. | $3.6M | 24.25% |
| GOLDMAN SACHS & CO. LLC | $697K | 4.72% |
| STONEX FINANCIAL INC. | $149K | 1.01% |
| UBS SECURITIES LLC | $2K | 0.02% |
| BNP PARIBAS SECURITIES CORP. | $44 | 0.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.